Is 505 Elmwood Ave rent stabilized?
505 Elmwood Ave is a registered NYC rent-stabilized building in Flatbush (West)-Ditmas Park-Parkville, Brooklyn (11230). It has about 65 apartments, built in 1938.
Also written as 505 Elmwood Avenue — or 505 Elmwood Ave, Brooklyn, NY 11230.
How this building compares
With about 65 apartments it is larger than 80% of the 233 rent-stabilized buildings this site tracks in Flatbush (West)-Ditmas Park-Parkville. Its 1938 construction date sits close to the 1931 median for stabilized buildings tracked in the neighborhood. HPD lists 151 open violations here, about 2.3 per apartment — above the 0.6 per apartment median for tracked buildings in the neighborhood. Of the 391 violations on record at the address, 99 are class C — HPD's immediately hazardous grade, and 33 of them are still open. HPD issued 46 new violations at the address in the last twelve months.
Building details
| Borough | Brooklyn |
| Neighborhood | Flatbush (West)-Ditmas Park-Parkville |
| ZIP | 11230 |
| Year built | 1938 |
| Apartments | 65 |
| Rent-stabilized | Yes — DHCR registered |
| Stabilization code | MULTIPLE DWELLING A |
| BBL | 3065030051 |
Owner & management
| Owner | 505 AVENUE REALTY LLC 2329 NOSTRAND AVE #500 · BROOKLYN, NY 11210 |
| Managing agent | 505 AVENUE REALTY LLC |
Building conditions
| HPD violations | 151 open / 391 total · 46 in last 12 mo |
| HPD complaints | 4 open / 504 total |
| HPD registration last filed | August 20, 2025 |
Full building report — $9
Frequently asked questions
Is 505 Elmwood Ave rent stabilized?
505 Elmwood Ave in Flatbush (West)-Ditmas Park-Parkville, Brooklyn is registered as rent stabilized in the New York State DHCR 2024 rent-stabilized building files, where its stabilization code is MULTIPLE DWELLING A. Registration is recorded for the building, not for each apartment in it, so an individual unit here can still have been deregulated — ask the landlord or DHCR for that apartment's rent history before relying on it.
How many apartments are at 505 Elmwood Ave?
505 Elmwood Ave (BBL 3065030051) has about 65 residential apartments and was built in 1938, from NYC PLUTO. PLUTO counts the building's units; it does not say how many of them are rent stabilized.
Other rent-stabilized buildings in Flatbush (West)-Ditmas Park-Parkville
See all in Flatbush (West)-Ditmas Park-Parkville →